ANB Opens Chicago Office

Bentonville-based ANB Financial NA has opened an office in St. Charles, Ill., a suburb of Chicago.

Chairman and CEO, Dan Dykema, said the office is an institutional broker-dealer for the bank and started trading in May.

Eventually Dykema hopes the office will be able to formulate an ANB-branded mutual fund, but that will be at least three years from now, he said. We understand the office will also serve as a clearinghouse of sorts for the bank to connect other banks with participation loans.

ANB also has loan production offices in Idaho, Utah and Wyoming.